Overview
What is Technoserve Inc?
Technoserve Inc is a nonprofit organization committed to empowering enterprising individuals in the developing world. Their mission revolves around fostering competitive farms, businesses, and industries, with a primary focus on alleviating poverty. Through their efforts, they help build regenerative ventures that contribute to increased incomes.
Official website here: www.technoserve.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 91% - Four-Star out of Four Star rating
TechnoServe Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance, with a score of 77, alongside outstanding ratings in impact and measurement, culture and community, and leadership and adaptability, each scoring 100. The organization effectively uses its resources, reporting a program expense ratio of 83.02% and achieving an impressive return on investment for small business owners, generating over $1.50 in net revenue for every dollar spent.
User feedback consistently underscores TechnoServe's effectiveness in addressing poverty through sustainable business solutions. Reviews highlight the organization's exceptional business-oriented approach, characterized by a highly skilled team with expertise from private sector backgrounds. Many reviewers express gratitude for the knowledge and skills gained during their involvement with TechnoServe, emphasizing its role in empowering small farmers and entrepreneurs across various regions.
While the organization boasts significant strengths, some reviews note the challenges faced in certain geopolitical contexts. However, feedback overwhelmingly supports TechnoServe's mission and operational strategy, with many reviewers recommending the organization both as a partner in development and a destination for impactful donations. Overall, TechnoServe is recognized for its commitment to creating lasting change in communities around the world.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Technoserve Inc legitimate?
Technoserve Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Technoserve Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,472,873
Professional Fundraising Fees: $109,734
Other Salaries and Wages: $32,603,826
For more financial information, click here
Official website here: www.technoserve.org
What is the mission statement of Technoserve Inc?
Technoserve Inc is dedicated to combating poverty in the developing world. Through their efforts, they help individuals establish profitable farms, businesses, and industries. Their mission is to empower people and foster regenerative initiatives that increase income levels. By working together, Technoserve and the communities they serve build sustainable and competitive enterprises.
Official website here: www.technoserve.org
Who is the CEO of Technoserve Inc?
William Warshauer is the President & Ceo of Technoserve Inc. The CEO's salary of Technoserve Inc is $430,950 and their total compensation is $496,300.
Official website here: www.technoserve.org
What is the revenue of Technoserve Inc?
Technoserve Inc's revenue in 2022 was $93,244,457.
Official website here: www.technoserve.org
Who are the executives of Technoserve Inc and what are their salaries?
The average compensation at Technoserve Inc during 2022 was $240,758. There are 154 employees and 25 volunteers at Technoserve Inc.
Here are 44 key members and their salaries (Technoserve Inc's CEO's salary is $430,950 and their total compensation is $496,300):
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Official website here: www.technoserve.org
Where can I find the form 990 for Technoserve Inc?
Technoserve Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.technoserve.org
Learn more at the official website: www.technoserve.org
Mission Statement of Technoserve Inc
Technoserve Inc, a nonprofit organization, is on a mission to combat poverty by empowering individuals in the developing world to establish thriving farms, businesses, and industries. By providing the necessary tools and resources, TechnoServe helps enterprising people build competitive enterprises that increase incomes and promote sustainable growth.
In their quest to fight poverty, TechnoServe focuses on creating regenerative farms and businesses. They work closely with local communities, offering expertise and training to help people improve their agricultural practices and establish profitable businesses. Through their efforts, TechnoServe is able to create opportunities for economic advancement and foster long-term development.
TechnoServe's approach is unique in that it is not about handouts or charity. Instead, they believe in the inherent potential of the people they work with. By providing training and resources, they help individuals unlock their entrepreneurial spirit and build sustainable businesses. This not only benefits the individuals, but also their communities as a whole, creating a ripple effect of positive change.
TechnoServe's work goes beyond just agriculture. They also focus on developing industries, providing the necessary support and expertise to help businesses grow and thrive. By building competitive markets, TechnoServe is able to create opportunities for economic growth and poverty reduction in the developing world.
In summary, Technoserve Inc is a mission-driven organization that is dedicated to helping people in the developing world build regenerative farms, businesses, and industries. By empowering individuals with the necessary resources and expertise, they are able to combat poverty and promote sustainable economic growth. Through their innovative approach, they are making a real difference in the lives of people and communities around the world.
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Impact
October, 2024
Technoserve Inc has a significant impact on communities in the developing world by empowering individuals to establish competitive farms, businesses, and industries. Through its initiatives, Technoserve focuses on creating regenerative agricultural practices and sustainable markets that help lift people out of poverty and increase their incomes. By working collaboratively with enterprising individuals, Technoserve fosters economic development, strengthens local economies, and enhances the overall quality of life for underserved populations. The organization's approach not only addresses immediate economic needs but also cultivates long-term resilience and self-sufficiency within communities.
This information is meant to be a general summary of Technoserve Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $151,429
- Program Service Revenue: $180,366
- Gross Receipts: $93,244,457
Assets and Liabilities:
- Total Assets: $102,404,868
- Total Liabilities: $85,170,775
- Net Assets: $17,234,093
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$180,366
Organization Details
Founding Year
1969
Phone
(202) 785-4515Principal Officer
William Warshauer
Main Address
1777 NORTH KENT STREET 1100, ARLINGTON, VA, 22209
Website
www.technoserve.orgNTEE Category
Code: Q320 - International
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